March 22, 2022

The stagflation you don't want is upon us.

I've been telling my friends stagflation - a recession along with high inflation - is coming. It's getting closer.  In fact the high inflation is already here. Now the slowing job market is coming too. Watch for it. Stagflation is a situation that isn't supposed to exist. High inflation and high unemployment are supposed to be mutually exclusive. But it happened once under president Jimmy Carter, now under Let's Go Brandon, it's happening again.

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